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Gold and silver prices have pulled back from recent highs as the US dollar continues to hold up and traders take advantage of the rally. Gold is firmly on the mind of President Trump following his plans to audit gold reserves at Fort Knox.
Gold and silver prices continue to rise this week, with gold setting a further all-time high spot price in USD today.
Demand for gold remains high this week, and has pushed the metal to new all-time highs in major currencies on Tuesday. In USD gold passed $2,900 for the first time, a new major milestone that puts $3,000 well within reach.
The opening salvos of a new global trade war and soaring demand caused gold prices to surge this week, with gold hitting new record highs in major currencies.
